Dec 31, 2012 6:00pm PST
the fiscal cliff. cuts to defense spending could hurt southern california. in san francisco, ken pritchett, ktvu channel 2 news. >>> new at 6:00 p.m., police investigators were spending new year's eve trying to solve that town's first homicide in 40 years. ktvu's robert handa joins us live with significant developments in the case. >> reporter: it hasn't been much of a holiday season for police investigators. there are four suspects in custody and detectives are still working the case today. >> reporter: new year's eve was another day of investigation for the police department as detectives searched for evidence in the death of a man killed november 30 during a possible home invasion. today police had the company that installed the gate security company checking for clues. >> will give a time stamp of the last 100 commands. we are trying to get a time stamp of who entered and when. >> reporter: a man was arrested saturday, and another man on december 27 in oakland and the day before that another man was arrested while already in custody for a burglary charge. another man was the
Dec 24, 2012 6:00pm PST
that forced stores to cut prices and extend hours as consumers increased with the fiscal cliff became more cautious but not unfeeling. >> deals right now. more deals after christmas but somebody always has to open a gift at christmas. >> reporter: they had predicted a increase of 3.3%. but it just came out with a prediction of 2.5%, still an increase. reporting live, consumer editor tom vacar, ktvu channel 2 news. >>> a south bay sheet metal shop created a shiny work of art inspired by the holiday season. >> look at this. a 14-foot tall stainless steal christmas tree. >> everybody who sees it is excited. 10 people worked 500 hours to build the statue. >>> at the toy drive outside lefty o'doul's they are hoping for a christmas miracle. we will explain why they need help. >> bad accident on highway 84, but how are the rest of the roads doing? >> back here, rain to talk about for christmas day, when it starts, when it ends and how much you will see. back here in 10 minutes. look at you guys with your fancy-schmancy u-verse high speed internet. you know, in my day you couldn't just start
Dec 27, 2012 6:00pm PST
try to avoid the so- called it can it can. the perez -- so-called fiscal cliff. the president is expected to meet with leaders tomorrow and congress will conseen a special sunday -- convene a special sunday session. ktvu's consumer editor tom vacar is here with a look at the building angwer washington, especially -- anger with washington especially among californians. >> reporter: it could bring another recession and higher unemployment. >> reporter: californians voted for prop 30. every californian will pay a quarter percent higher sales. the fiscal cliff will hit all americans with higher taxes. and that could lead to a u.s. economic down turn. and that could derail many of the benefit prop 30 could have meant for the state. >> i don't know if there is a word to describe how mad the public will be. nobody will be happy to see that happen. >> if taxes go up it is not going to be a happy time. i think that is what is going to happen. >> reporter: the lowest income folks will see their pay shrink by 3.5%. average earners 4%. top earners 6%. that says nothing about other unknowns.